Quantum(US:QMCO) Globenewswireยท2025-10-26 22:13Core Points - Rosen Law Firm is reminding purchasers of Quantum Corporation securities about the upcoming lead plaintiff deadline for a class action lawsuit [1][3] - Investors who purchased securities during the specified class period may be eligible for compensation without upfront costs [2] Group 1: Class Action Details - The class period for the Quantum Corporation securities class action is from November 15, 2024, to August 18, 2025 [1] - A lead plaintiff must file a motion by November 3, 2025, to represent other class members in the litigation [3] - The lawsuit alleges that Quantum Corporation made false statements regarding its revenue recognition and will need to restate financial statements for the fiscal third quarter ended December 31, 2024 [5] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [4] - The firm was ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [4] - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in recovering funds [4]